LIVE VIDEO: NewsChannel 5 at Five    Watch
 

Tech stocks: Groupon soaring

12:10 PM, Feb 17, 2013   |    comments
(Photo: Charles Rex Arbogast, AP
  • Share
  • Print
  • - A A A +

Brett Molina, USA TODAY

Groupon is enjoying an early morning jolt to its share price. Here's a look at the stocks to watch on Wednesday.

Investor upgrade boosts Groupon. Shares of the online daily deals website are up more than 7% in pre-market trading after Sterne Agee upgraded the stock to "Buy."

Since topping an annual high of $20.30 on Feb. 16, shares in Groupon have embarked on a slow descent downward, hitting a low of $2.63 in November. The stock has since recouped some of its losses, sitting at $5.66.

As PandoDaily reports, Groupon announced it was acquiring the startup MashLogic, creators of the Britely browser plug-in that offered contextual data on stories users read online.

Netflix still moving up. Shares in the online media company continue their rise, gaining 2% in pre-market trading. Hovering around $181, the stock enjoyed a bump after the company unveiled a partnership with DreamWorks to create original kids' programming set to debut later this year.

Most Watched Videos